Hantz Financial Services Inc. Acquires 7,210 Shares of Banco Bilbao Viscaya Argentaria S.A. $BBVA

Hantz Financial Services Inc. raised its holdings in shares of Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA) by 1,456.6% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 7,705 shares of the bank’s stock after acquiring an additional 7,210 shares during the quarter. Hantz Financial Services Inc.’s holdings in Banco Bilbao Viscaya Argentaria were worth $118,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in BBVA. Financial Management Professionals Inc. grew its stake in shares of Banco Bilbao Viscaya Argentaria by 105.9% during the 2nd quarter. Financial Management Professionals Inc. now owns 1,845 shares of the bank’s stock worth $28,000 after acquiring an additional 949 shares in the last quarter. Private Trust Co. NA grew its stake in shares of Banco Bilbao Viscaya Argentaria by 224.7% during the 1st quarter. Private Trust Co. NA now owns 2,607 shares of the bank’s stock worth $36,000 after acquiring an additional 1,804 shares in the last quarter. Cullen Frost Bankers Inc. bought a new position in shares of Banco Bilbao Viscaya Argentaria in the first quarter valued at $46,000. Manchester Capital Management LLC grew its stake in shares of Banco Bilbao Viscaya Argentaria by 19.2% in the first quarter. Manchester Capital Management LLC now owns 4,643 shares of the bank’s stock valued at $63,000 after buying an additional 748 shares in the last quarter. Finally, Wayfinding Financial LLC bought a new position in shares of Banco Bilbao Viscaya Argentaria in the first quarter valued at $72,000. 2.96% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on BBVA shares. Barclays raised shares of Banco Bilbao Viscaya Argentaria from an “equal weight” rating to an “overweight” rating in a research note on Thursday, August 7th. Morgan Stanley began coverage on shares of Banco Bilbao Viscaya Argentaria in a research note on Tuesday, October 21st. They issued an “equal weight” rating for the company. Wall Street Zen downgraded shares of Banco Bilbao Viscaya Argentaria from a “buy” rating to a “hold” rating in a research note on Sunday, October 19th. Finally, Weiss Ratings reiterated a “buy (b+)” rating on shares of Banco Bilbao Viscaya Argentaria in a research note on Thursday, October 30th. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy”.

Banco Bilbao Viscaya Argentaria Trading Down 1.2%

BBVA stock opened at $19.90 on Tuesday. The company has a debt-to-equity ratio of 1.18, a current ratio of 1.01 and a quick ratio of 1.01. The company has a fifty day moving average price of $19.01 and a two-hundred day moving average price of $16.79. Banco Bilbao Viscaya Argentaria S.A. has a one year low of $9.23 and a one year high of $20.54. The stock has a market cap of $116.15 billion, a price-to-earnings ratio of 10.47, a price-to-earnings-growth ratio of 1.07 and a beta of 1.19.

Banco Bilbao Viscaya Argentaria (NYSE:BBVA) last released its quarterly earnings data on Thursday, October 30th. The bank reported $0.49 EPS for the quarter, topping analysts’ consensus estimates of $0.48 by $0.01. Banco Bilbao Viscaya Argentaria had a net margin of 29.17% and a return on equity of 17.61%. The firm had revenue of $10.62 billion during the quarter, compared to analysts’ expectations of $10.47 billion. Equities analysts anticipate that Banco Bilbao Viscaya Argentaria S.A. will post 1.59 EPS for the current year.

Banco Bilbao Viscaya Argentaria Announces Dividend

The firm also recently announced a dividend, which will be paid on Monday, November 24th. Stockholders of record on Thursday, November 6th will be given a $0.3736 dividend. This represents a dividend yield of 395.0%. The ex-dividend date of this dividend is Thursday, November 6th. Banco Bilbao Viscaya Argentaria’s payout ratio is presently 31.41%.

About Banco Bilbao Viscaya Argentaria

Banco Bilbao Vizcaya Argentaria, SA provides retail banking, wholesale banking, and asset management services in the United States, Spain, Mexico, Turkey, South America, and internationally. The company offers savings account, demand deposits, and time deposits; and loan products, such as residential mortgages, other households, credit card loans, loans to enterprises and public sector, as well as consumer finance.